<p>With improving economies in the US and elsewhere, the global tech market will grow by 5% to 6% in 2014, according to Forrester’s 2014 global tech spending forecast. The report also states that 2015 will be an even stronger year, but tech purchases will lag behind growth rates.</p>
<p>According to Andrew Bartels, “The US tech market will be the locomotive that pulls the rest of the tech train.” Only the much smaller tech markets of Latin America and Eastern Europe, the Middle East, and Africa will grow faster than the US growth rate of 6.3%.</p>
<p>The growth is being led by new technologies like SaaS apps, mobile devices and tablets, analytics and big data, and smart process apps &mdash; all of which are growing at double-digit rates in the US and other Tech Twelve countries. On the other hand, older technologies like servers, routers, Wintel PCs, enterprise resource planning software, and database management software are languishing due to slowing growth in emerging markets.</p>
<p>For more on specific areas of growth, read the full report <a href=”http://www.forrester.com/A+Better+But+Still+Subpar+Global+Tech+Market+In+2014+And+2015/quickscan/-/E-RES104903″>here</a>.</p>